Q2 Results Today Highlights: HCL Tech Q2 results show flat net profit growth at ₹4,236 crore, dividend declared

Q2 Results Today LIVE: HCL Tech's attrition rate for the July to September quarter dropped to 12.6%, marking a 30 basis point drop from their 12.9% levels in the same period the previous financial year.

Q2 Results Today LIVE: HCL Tech shares will be in focus of the stock market investors on Tuesday, 13 October 2025. The shares of the IT major closed flat at ₹1,494.70 after Monday's market session, compared to ₹1,494.70 at the previous market close.

Q2 Results Today LIVE: HCL Tech's consolidated financial statements for the July to September quarter of the 2025-26 fiscal year showed that the IT major earned the most from its core business segment (IT and Business Services), which recorded a 10% jump to ₹23,693 crore in the second quarter, compared to ₹21,544 crore in the same period a year ago.

Engineering and R&D services were the second most profitable segment, contributing to the firm's total revenues. The segment witnessed a 19% YoY rise to ₹5,423 crore in the second quarter, compared to ₹4,545 crore in the same period a year ago.

HCL Software business segment witnessed a 2% jump to ₹2,923 crore in the July to September quarter, compared to ₹2,865 crore in the same quarter of the previous financial year.

Q2 Results Today LIVE: HCL Tech's Chief Executive Officer (CEO) and Managing Director, C. Vijayakumar, said that there has been a continued impact due to the auto sector slowdown on the company's business.

“The broader manufacturing segment is doing fine. There is continued impact due to auto sector slowdown,” said HCL Tech's CEO and MD, C. Vijayakumar, on Monday.

Q2 Results Today LIVE: HCL Tech's Chief People Officer, Ram Sundararajan, mentioned that the reason behind the company's restructuring move is due to the ‘skill location mismatch.’ However, the IT major did not provide a specific number for the layoffs, but people have been let go from the company, according to Sundararajan's explanation.

“We did talk about our restructuring on the people side, which is largely the skill location mismatch. It's basically rebalancing the demand and supply when it comes to skills and locations. It's not a capacity reduction, it's a rebalancing of the capacity that we have, referring to skills in demand in the locations,” said Ram Sundararajan.

Q2 Results Today LIVE: HCL Tech's board of directors announced that the company has declared an interim dividend of ₹12 per share for its investors, along with its Q2 results.

This means that every eligible shareholder will receive a dividend payment of ₹12 apiece for every share they own in the IT firm.

HCL Tech fixed the ‘Record Date’ for the dividend issue on 17 October 2025. The dividend payment will be paid to the eligible investors by 28 October 2025.

“The Record date for the payment of the aforesaid interim dividend shall be 17 October 2025, and the payment date of the said interim dividend shall be 28 October 2025,” said HCL Tech.

Q2 Results Today LIVE: HCL Tech's Chief People Officer, Ram Sundararajan, announced that the company has decided to stop the quarterly variable pay for the junior-level employees and merge it with fixed salary.

“This time, we have also taken a decision to move the quarterly variable pay and convert that into fixed pay and merge it with fixed salary for all our employees,” said HCL Tech's Chief People Officer, Ram Sundararajan, in the press conference.

“We have the variable pay, which is linked to project-level performance matrices that are distributed on a quarterly basis. That part is what we have merged with the fixed pay, so that it gets paid as fixed pay monthly,” he said.

Q2 Results Today LIVE: HCL Tech's Chief People Officer, Ram Sundararajan, announced that the IT major will start rolling out the annual increments starting from October 2025. The company will follow the same process as last year.

“We have gone ahead and made a decision to roll out the increments, which will be effective from October. We'll follow the same process as we did last year in terms of how we go about running the increment process,” said Ram Sundararajan.

Q2 Results Today LIVE: HCL Tech's Managing Director C. Vijayakumar announced that the IT major has been making a ‘conscious effort’ to reduce the company's reliance on visas.

“Recent H-1B visa revision and its potential impact on us. Over the years, we've made a conscious effort to reduce our reliance on visas by strategically strengthening our global delivery model,” said C. Vijayakumar, the managing director of HCL Tech.

Q2 Results Today LIVE: HCL Tech's total expenses jumped by 13% to ₹26,655 crore in the July to September quarter of 2025-26 fiscal year, compared year-on-year (YoY) with ₹23,631 crore in the same period a year ago.

The rise in total expenses for the quarter was primarily fueled by the 11% rise in the company's cost for employee benefit expenses. The cost for employee benefit expenses rose to ₹18,301 crore in the second quarter from ₹16,523 crore in the same period the previous year.

Q2 Results Today LIVE: HCL Tech's revenue from core operations witnessed a nearly 11% rise to ₹31,942 crore in the second quarter of the financial year 2025-26, compared YoY with ₹28,862 crore in the same quarter of the previous fiscal year, according to the consolidated financial statements.

Q2 Results Today LIVE: HCL Tech's board of directors announced that the company has declared an interim dividend of ₹12 per share for its investors, along with its Q2 results.

This means that every eligible shareholder will receive a dividend payment of ₹12 apiece for every share they own in the IT firm.

“The Board of Directors has declared an Interim Dividend of ₹12/- per equity share of ₹2/- each of the Company for the Financial Year 2025-26,” the company informed BSE through its quarterly filing on Monday.

The investors will be eligible for the dividend issue till one day before the specified record date by the company. HCL Tech fixed the ‘Record Date’ for the dividend issue on 17 October 2025. The dividend payment will be paid to the eligible investors by 28 October 2025.

“The Record date for the payment of the aforesaid interim dividend shall be 17 October 2025, and the payment date of the said interim dividend shall be 28 October 2025,” said HCL Tech.

Q2 Results Today LIVE: HCL Tech recorded a 0.02% net profit growth at ₹4,236 crore in the second quarter of the 2025-26 fiscal year, compared to ₹4,237 crore in the same period the previous financial year, according to the consolidated financial statements released on Monday, 13 October 2025.

Q2 Results Today LIVE: IT Major HCL Tech announced its July to September quarter results on Monday, 13 October 2025. The company recorded a flat net profit growth at ₹4,236 crore in the second quarter, compared to ₹4,237 crore in the same period the previous financial year.

Q2 Results Today LIVE: HCL Tech shares closed 0.05% lower at ₹1,494 after Monday's market session, compared to ₹1,494.70 at the previous market close.

The company is set to announce its July to September quarter results on Monday, 13 October 2025.

Q2 Results Today LIVE: Kotak Institutional Equities forecasts HCL Tech to post 1.7% QoQ growth, driven by mega-deal ramp in engineering services. Growth will be led by the services business (1.8% QoQ), while the products business’ growth at 0.8% QoQ will be marginal. It estimates an underlying EBIT margin increase of 70 bps QoQ to 17%.

Kotak Equities expects healthy TCV of deal wins in the $2.5-3 billion range. It expects the company to retain 3-5% revenue growth guidance for FY2026, along with 17-18% EBIT margin guidance.

Q2 Results Today LIVE: Investors’ focus in HCL Tech Q2 results would be on (1) the path of margin recovery to the 18-19% band; (2) the impact of reciprocal tariffs imposed by the US on directly impacted segments of manufacturing and retail; (3) profitability in cost takeout and vendor consolidation deals; (4) the state of discretionary spending; (5) the pace of enterprise GenAI adoption, new opportunities consequent to AI adoption and the likely deflationary impact; and (6) the underlying environment for growth to accelerate to high-single digits.

Q2 Results Today LIVE: HCL Technologies is estimated to report revenue growth of 1.5% QoQ in CC and 1.7% QoQ in USD terms, driven by P&P (+1.5% QoQ) and Services (+1.7% QoQ). EBIT margin is expected to expand 70 bps QoQ from the bottom of 16.3% in Q1, according to Nuvama Institutional Equities. It expects HCL Tech to maintain FY26 revenue growth (3–5% CC YoY) in Services and margin (17–18%) guidance.

Q2 Results Today LIVE: Brokerage firm Motilal Oswal expects HCL Technologies to post 1.7% QoQ CC growth, led by revenue contribution from vendor consolidation deals from Q2 onward. It expects full-year YoY CC growth of 3.6% and organic growth of 2.8% (guidance of 3-5%). It believes BFSI and Hi-tech will perform better, while manufacturing (especially auto) remains under pressure. Margins are expected to improve by 50 bps despite GenAI and SG&A investments and restructuring costs. HCL Tech is expected to retain its FY26 revenue growth guidance of 3-5% YoY CC.

Q2 Results Today LIVE: Analysts expect HCL Technologies to reveal its FY26 revenue and margin projections. According to experts, key things to watch out for in HCL Tech Q2 results today would be the outlook on services and ERD business, deal pipeline, discretionary spend and AI adoption.

Q2 Results Today LIVE: HCL Technologies is expected to report 3.3% QoQ revenue growth in Q2FY26 to ₹31,252 crore from ₹30,349 crore in Q1FY26, led by deal ramp-up in BFSI and Hi-tech verticals. Net profit is likely to rise 11.2% to ₹4,275 crore from ₹3,844 crore, QoQ. EBIT is estimated to grow 8.5% to ₹5,401 crore from ₹4,942 crore, while EBIT margin is seen improving by 87 bps to 17.2% from 16.3%, QoQ, according to estimates by Axis Securities.

Q2 Results Today LIVE: The operating performance of IT Services companies is expected to remain muted for Q2FY26 due to macro uncertainty following the tariff-related announcements by the US government in April 2025. There has been some improvement in discretionary tech spending in BFSI and Technology verticals. However, certain verticals such as Manufacturing, Automotive, Communications and Retail remain weak. Clients remain cautious leading to longer decision making times, according to Centrum Broking.

The focus is on ramping up recently signed deals which are mostly cost optimization/vendor consolidation in nature. The adoption of AI tools is expected to drive revenue per employee thus supporting overall productivity.

Q2 Results Today LIVE: Along with the HCL Tech Q2 results today, the company’s board of directors will also consider the payment of the third interim dividend for FY26.

“We would like to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Monday, October 13, 2025 to consider amongst others: 1) Un- audited Financial Results of the Company for quarter and half-year ending September 30, 2025. 2) Payment of 3rd Interim dividend for the financial year 2025-26,” HCL Technologies said in a regulatory filing.

Q2 Results Today LIVE: HCL Technologies, the third-largest IT services company in India by market capitalisation, is set to announce its Q2 results today, 13 October 2025. The board of directors of the company will meet today to consider and approve the financial results for the second quarter of FY26.